16 Iris Court
About This Property
CRANBERRY CREEK Community offers a heated built in pool with lifeguard, tennis courts, horseshoes, bocce and pickle ball. Clubhouse has library, pool room, fireplace, exercise room with shower and lockers, and on-site professional assistance. Trips, parties, clubs, holiday celebrations. HOA fees cover common ground, lawn maintenance, snow removal and leaf removal.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2021 | Listed by Weichert Realtors - Ship Bottom | $339,900 | |
| Listed by Weichert Realtors - Ship Bottom | |||
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This Immaculate 2BR, 2BA Fitzgerald model has all the bells and whistles any home buyer could want. Home sits on a beautiful cul de sac street in sought after Cranberry Creek. 3/4in hardwood engineered floors in formal dining, large living/great, library and both bedrooms. Kitchen, sunroom, laundry, and porch w/ceramic flooring. Kitchen boasts 42in custom made wood cabinets and pantry (w/slide out shelves) soft close doors and drawers, and crown molding, double stainless sink, granite eat at breakfast bar, stainless appliances, neutral backsplash, pendant and recessed lights. Bonus room w/French doors can be library, den or 3rd BR. Large LR/Great room has a beautiful gas fireplace, recessed lights and plenty of windows making it bright and airy.
Oversized owner's BR has walk in closet and en suite with double sinks, Corian counter, walk in shower stall and ceiling light with heater. Second BR has walk in closet and located adjacent to 2nd full bath with shower in bath tub, Corian counter and ceiling light/heater. Home painted in all neutral colors, entire home has rounded wall corners, crown molding in all rooms, newer hot water heater, pull down steps to attic. Large sunroom with sky lites and slider that leads to screened ceramic tiled porch, 12x12 cement patio with gas line for barbeque hook up, and quiet, treed, tranquil back yard. One car garage with double wide cement driveway (large enough for 4 cars) 20 year roof, underground sprinkler system, low taxes.
CRANBERRY CREEK Community offers a heated built in pool with lifeguard, tennis courts, horseshoes, bocce and pickle ball. Clubhouse has library, pool room, fireplace, exercise room with shower and lockers, and on-site professional assistance. Trips, parties, clubs, holiday celebrations. HOA fees cover common ground, lawn maintenance, snow removal and leaf removal.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017